Sunday, February 21, 2010

Long Term Unemployed

Whoever one wants to blame precisely, the fact is that the federal government (administration, Congress, Fed), could do more to create jobs. That the high unemployment that they are predicting is considered to be acceptable, rather than a national emergency, is a travesty. These people, even if they manage to avoid homelesness, will at best go back to zero, no savings, no retirement, no equity.